Right now there’s a storm of uncertainty targeting healthcare. “Where will our patients come from?” “What if our contract is terminated?” “Will the hospital’s ACO exclude us?” “Should we sell our practice?” Many physicians and other healthcare providers are jumping at any deal they can find, believing that they are jumping to safety. But just…
Sometimes it’s not in your personal or business interest to say yes. Instead, you need to say no even though your programming makes it difficult.
If your group can’t develop a strategy because of internal dissension, then you’re allowing someone else to choose a future for you.
Why are so many physicians amazed by the occurrence of change in healthcare, when change happens all the time?
Every story has at least two sides. The question is, where does the truth lie? If you can do something, broadcast it to the world. If you can’t, don’t lie. The truth catches up with you whether your group is small, large or somewhere in between.
In connection with healthcare M&A deals there’s a lot of talk about value. Note that I didn’t say “fair market value,” which generally doesn’t have any real linkage to the market, isn’t of any real value other than to cover one’s ass or convince you to settle for less, and is only “fair” if you’ve…
On a January day in 1493 off the coast of the island of Dominica, Christopher Columbus reported seeing three “mermaids” — in reality manatees. Columbus commented that in real life, mermaids were “not half as beautiful as they are painted.” Just as Columbus was blinded by his expectations, many medical group leaders see things not…
Some of us feel that we were promised careers that didn’t turn out as advertised. But just like the flying cars, those promises weren’t real promises, they were simply projections.
Those who are hedging view the world differently. Rather than simply building an insular hedge around their business, they expand outside of that hedge, taking on other business, in some ways both related and unrelated.
Hospitals are building monopolies, employing and otherwise “aligning” physicians.